Singapore's Manufacturing Sector Vulnerable Amid Tariff Uncertainty -- Market Talk

Dow Jones

Jun 26, 2025

0759 GMT - Singapore's export-oriented manufacturing sector remains vulnerable amid rising unpredictability and uncertainty stemming from this year's U.S. tariff roller coaster, DBS senior economist Chua Han Teng says in an email. Manufacturing output rose 3.9% on year in May, following April's revised 5.6% growth. While the latest manufacturing data appears solid, DBS remains cautious about the outlook for 2H. The front-loading of exports orders in 1H will likelybe followed by a payback period, marked by slowing trade and industrial production in 2H, Chua says. "Significant uncertainty persists regarding ongoing U.S. tariff negotiations, and higher global trade frictions compared to pre-Trump 2.0 will be negative for Singapore's external demand prospects," he adds.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

June 26, 2025 03:59 ET (07:59 GMT)

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Manufacturing output rose 3.9% on year in May, following April's revised 5.6% growth. While the latest manufacturing data appears solid, DBS remains cautious about the outlook for 2H. The front-loading of exports orders in 1H will likelybe followed by a payback period, marked by slowing trade and industrial production in 2H, Chua says. \"Significant uncertainty persists regarding ongoing U.S. tariff negotiations, and higher global trade frictions compared to pre-Trump 2.0 will be negative for Singapore's external demand prospects,\" he adds.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 26, 2025 03:59 ET (07:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore's Manufacturing Sector Vulnerable Amid Tariff Uncertainty -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's Manufacturing Sector Vulnerable Amid Tariff Uncertainty -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-06-26 15:59</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0759 GMT - Singapore's export-oriented manufacturing sector remains vulnerable amid rising unpredictability and uncertainty stemming from this year's U.S. tariff roller coaster, DBS senior economist Chua Han Teng says in an email. Manufacturing output rose 3.9% on year in May, following April's revised 5.6% growth. While the latest manufacturing data appears solid, DBS remains cautious about the outlook for 2H. The front-loading of exports orders in 1H will likelybe followed by a payback period, marked by slowing trade and industrial production in 2H, Chua says. \"Significant uncertainty persists regarding ongoing U.S. tariff negotiations, and higher global trade frictions compared to pre-Trump 2.0 will be negative for Singapore's external demand prospects,\" he adds.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 26, 2025 03:59 ET (07:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1363072403.SGD","symbol_name":"Fidelity Global Financial Services A-ACC-SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2546455201","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546455201","pubTimestamp":1750924740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0759 GMT - Singapore's export-oriented manufacturing sector remains vulnerable amid rising unpredictability and uncertainty stemming from this year's U.S. tariff roller coaster, DBS senior economist Chua Han Teng says in an email. 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Manufacturing output rose 3.9% on year in May, following April's revised 5.6% growth. While the latest manufacturing data appears solid, DBS remains cautious about the outlook for 2H. The front-loading of exports orders in 1H will likelybe followed by a payback period, marked by slowing trade and industrial production in 2H, Chua says. \"Significant uncertainty persists regarding ongoing U.S. tariff negotiations, and higher global trade frictions compared to pre-Trump 2.0 will be negative for Singapore's external demand prospects,\" he adds.(amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 26, 2025 03:59 ET (07:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}